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The
interactive element of VentureCamp involves a virtual gaming platform
that will allow viewers to learn from and partake in the
entrepreneur's journey...and oh, by the way, if you apply
and are chosen to be on one of the teams - this
priceless education and adventure will cost you a
grand total of nothing - nada - zero!
Folkening,
the founder of ECorp and Co-Founder of DomainHoldings,
said ”our Campers will have an opportunity to learn how to be successful entrepreneurs from the best and brightest
in business in an amazing setting." The
mentors lined up by VentureCamp are indeed an impressive
group, including
such well-known business stars as Jeff Hoffman (Priceline.com),
Mike DeLazzer (RedBox), Karl Mehta (PlaySpan/Visa),
Albert Angel (CertiCall) and Sergio Fernandez De Cordova
(Infrastructure Media Group).
You can see complete bios for all of the mentors and the
VentureCamp executive team here.
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Success
image from Bigstock |
VentureCamp
CEO and Co-Founder Giadha Aguirre De Carcer
said, “part of our
mission is to empower entrepreneurs everywhere. Our curriculum and program
structure is designed to foster innovation, social
entrepreneurship and job creation in a digestible
and
and entertaining way. The Camp and Campers will be
filmed for our docu-series giving the entrepreneurs an opportunity to
raise their profile, and connect to future partners, investors and customers.” |
Folkening,
a pioneering domain name investor and developer, noted
that one big plus for those using VentureCamp to
build real enterprises is that "each business launched at the camp will get instant
access to targeted web traffic to jumpstart their companies by being awarded
a premium domain.”
Mr.
Hoffman also likes the decision to conduct the camps in
luxury estates around the world, noting, "there
is no better way to inspire success than to be surrounded by it".
Hoffman
also summed up why such high profile investors as
himself have gotten involved in Venture Camp saying, “I
don’t spend time launching companies anymore. I launch
entrepreneurs.”
That
desire is also part of the motivation that has drawn
several major sponsoring
partners to the program including the International
Women's Leadership Association. VentureCamp is set up so
all participants benefit, including the contestants, producers, investors, sponsors, estate owners and
domain owners (who can provide the domain the business is built on)
through an equity share. A portion of profits has
also been earmarked for charity.
Positions are open for both sponsors and
estate owners now.
In addition to an equity share, benefits to estate
owners include the opportunity to increase
recognition through VentureCamp publicity and being
able to monetize their properties during off peak periods.
The
entrepreneurs you will see on the show will be selected
from VentureCamp auditions designed to produce a pool of energetic, passionate and driven participants who are able to conceptualize unique and innovative
ideas and who have demonstrated having the necessary stamina, business acumen, and entrepreneurial skills to successfully launch a business in under 8 weeks.
Once
the teams are assembled they will start with a limited amount of resources and capital
allocated to them, emulating the kind of resource scarcity usually experienced
when starting a business from scratch. Weekly competitions
will offer contestants a chance to win additional resources or perks. Each team
will also have various opportunities to raise funding, expand their professional network, and build their executive team during the program.
If
the VentureCamp concept proves successful the initial
web-based docu-series could eventually migrate to TV,
but those who catch the show on the web this summer will
be the first to witness one of the most interesting
business ideas we've seen to date.
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